ROLE OF ETHICS IN DECISION MAKING IN PUBLIC AND PRIVATE ORGANIZATIONS

Venelin Terziev¹, Redon Koleci², Denis Solovev^3
1Full Member of the Russian Academy of Natural History, Professor, Eng,
D.Sc. (National Security), D.Sc. (Economics), D.Sc. (Social Activities), Ph.D., Russian Academy of Natural History, Moscow, Russia, Vasil Levski National Military University, Veliko Tarnovo, Bulgaria University of Rousse, Rousse, Bulgaria, terziev@skmat.com
²Ph.D. Student, National Military University, Veliko Tarnovo, Bulgaria , redon_koleci@hotmail.com
³Associate Professor, Ph.D., Far Eastern Federal University (FEFU), Vladivostok, Russian Federation, solovev.db@dvfu.ru

Abstract

Ethics is a relatively new field, which has recently been treated with great interest by many authors. This is also due to the fact that it is related to other areas of the economy, and not only. High-intensity business development has increased the attention of the contenders to pay attention to the way they behave during their work, activities and business activities. For Robin and Reidenbach (1987), business ethics requires the organization or individual to behave in accordance with the rules of thought of moral philosophy. Managers are considered the persons who carry most of the responsibility in an organization.

Keywords: ethics, decision making, organizations, public, private.